Browsing Tag

Karvy

Sebi cancels registration of Karvy Stock Broking for misappropriating clients’ funds –…

Jessica May 31, 2023

NEW DELHI: Capital markets regulator Sebi on Wednesday cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) for mis-utilising clients' funds and securities.Cancelling the registration, Sebi said that Karvywas…

World

Karvy Stock Broking case: Sebi fines ₹1.9 crore on 4 former officials of Karvy Group

Smith May 12, 2023

…

Business

Rs 414 Cr Paid to 34,497 Karvy Clients from NSE’s Investor Protection Fund

Jessica Apr 4, 2023

Based on the findings of a forensic audit report and observations of NSE, Sebi initiated enforcement action against KSBL, its directors, CEO and against two group companies of KSBL under its relevant regulations.The case pertains to Karvy…

Business

Hyderabad: ED attaches Rs 110 crore assets of Karvy stock broker firm – Times of India

Jessica Jul 31, 2022

A large chunk of loan proceeds was transferred into shell insurance companies, which indulged in speculative share trading with KSBL to tide over losses suffered by the brokerage firmHYDERABAD: Enforcement Directorate (ED) on Saturday…

World

Karvy Scam: ED attaches assets worth ₹110 crore under PMLA

Smith Jul 31, 2022

The Enforcement Directorate (ED) on Saturday said it has attached fresh assets worth over ₹110 crore in connection with its money laundering probe against Karvy Stock Broking (KSBL), its CMD C Parthasarathy and others. The money-laundering…

Business

Karvy case: Sebi penalises BSE, NSE for laxity

Jessica Apr 16, 2022

Capital markets regulator Sebi has penalised stock exchanges -- BSE and NSE -- for "laxity" on their part in detecting misuse of clients' securities worth Rs 2,300 crore by Karvy Stock Broking Ltd (KSBL). Photograph: Shailesh…

Business

Top officials of Karvy Stock Broking arrested in money laundering case

Jessica Jan 28, 2022

Tribune News Service New Delhi, January 27The Enforcement Directorate today said it has arrested Karvy Stock Broking Limited (KSBL) CMD C Parthasarathy and Group CFO G…

Business

ED arrests head of Karvy for money laundering

Jessica Jan 25, 2022

ED sleuths had brought Comandur Parthasarathy to Hyderabad and produced him in the special court for ED cases which remanded him to judicial custody, for questioning. The Enforcement Directorate authorities on Sunday arrested Comandur…

Business

SEBI Slaps Rs 1.5 Crore Fine On Karvy Computershare

Jessica Dec 23, 2021

SEBI has imposed a penalty of Rs 1.5 crore on Karvy ComputershareNew Delhi: Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday imposed a penalty of Rs 1.5 crore on Karvy Computershare (currently known…

Business

Karvy scam | ED holds searches at properties linked to firm

Jessica Sep 25, 2021

Agency issues order freezing group shares worth ₹700 crore held by CMD, others. The Enforcement Directorate has conducted searches at six locations linked to Karvy Stock Broking Limited (KSBL) in connection with bank fraud cases…

Load More Posts